The index fluctuated sideways in the morning, and agricultural stocks continued to be strong

  The index fluctuated sideways in the morning, and agricultural stocks continued to be strong
As of noon, the Shanghai index rose 0
01%, the Shenzhen Component Index rose 0
20% and the gem index rose 0
09%

A shares opened after the concussion, near the midday three major index collective red, hot topics, 5G concept was stimulated by news, high, agricultural shares continued strong yesterday, infrastructure, Baijiu, food and other active, airport shares led
Stocks in the two cities rose or fell by half, and more than 40 stocks rose or fell by the limit
The market atmosphere is relatively general

On the disk, according to market news, the United States plans to cooperate with Huawei to formulate 5g standards, stimulate the sharp opening of A-share 5g concept shares, and the trading limits of Huaxing entrepreneurship, Guanghua technology, Honghe technology and Bojie shares have been raised successively; Agricultural stocks continued yesterday's strength, continued to rise and strengthen in the session, the new agricultural development was closed again, and Longping high tech touched the board several times; The securities sector pulled sharply during the session, and Nanjing securities rose 6%; Infrastructure stocks were active in the session, and Hongrun construction rose by the limit; The concept of airport shipping continued to weaken, with Baiyun Airport down 4%

Change review:
At 09:31, the 5g plate opened higher, and the collective trading limits of Huaxing entrepreneurship, Yitong century, Guanghua technology, creative information, maijie technology and so on

09:41 the agricultural planting sector rose rapidly, the new agricultural development limit rose, and Denghai seed industry, Fengle Seed Industry, Yasheng group and IFAD seed industry rose slightly

10: The securities sector rose, with Nanjing Securities up 4%, followed by BOC securities, Hongta securities, Guosheng financial holding and China CITIC construction investment

10: 02 mask stocks changed, Guoen shares raised the sealing board, and Yanjiang shares, Zhongshun jierou shares and dawn shares rose

10: 43
The large infrastructure construction sector rose in early trading, with Hongrun construction up 6
4%, Tengda construction up 2
22%, and Longjian shares and Chinalco international rising

Baijiu liquor concept rose at 10:50, wine spirits rose 5%, Shanxi Fen Wine, Ying Gong tribute wine, Wuliangye and other small increases

Message side:
1
The United States plans to cooperate with Huawei to formulate 5g standards
A sudden news about Huawei from Reuters last night triggered the whole network to swipe the screen
Reuters quoted sources as saying that the US Department of commerce is close to issuing a new regulation to allow us enterprises and Huawei to jointly participate in the formulation of 5g network standards

2
The Chinese team released the results of the world's first animal experimental study of the new coronavirus vaccine
In May 6th, Chinese scientists first published the results of animal experiments on COVID-19 vaccine in China's top international academic journal Science
Due to the rapid increase of new cases, coronavirus disease (covid-19) in 2019 soon attracted global attention, and the pathogen was identified as sars-cov-2
There is no novel vaccine or cov-2 specific treatment for SARS
Therefore, it is urgent to develop an effective vaccine against sars-cov-2

3
Morgan Stanley: maintain the over allocation rating of Chinese stocks and recommend over allocation of a shares
Morgan Stanley said that other factors are not enough to shake the over allocation rating of Chinese stocks, and the relative performance of MSCI China will continue to be better than that of other emerging markets; Compared with American Depositary Receipts (ADRs), it is recommended to over allocate a shares
China's economic recovery is clear and its sovereign debt paying ability is stronger
In addition, the online economy accounts for a relatively high proportion and is more resilient under the condition of maintaining social distance
Morgan Stanley maintained its benchmark forecast that MSCI China's 2020 profit fell by 2% year-on-year and that of CSI 300 was flat, which was much better than the expected decline of 13% in emerging markets

4
Denominated in RMB, China's exports increased by 8
2% year-on-year in April
General Administration of Customs: in April, China's foreign trade import and export reached 2
5 trillion yuan, a slight decrease of 0
7% year-on-year; Among them, the export was 1
41 trillion yuan, an increase of 8
2%; Imports reached 1
09 trillion yuan, down 10
2 percent; The trade surplus was 318
15 billion yuan, an increase of 2
6 times
Denominated in US dollars, China's foreign trade import and export in April was 355
22 billion US dollars, down 5%; Among them, exports reached US $2002
08 billion, an increase of 3
5%; Imports amounted to 154
94 billion US dollars, down 14
2%; The trade surplus was 45
34 billion US dollars, an increase of 2
5 times

Investment suggestions:
CITIC Securities said that may is expected to be the second half of the rise of a shares in the second quarter and the best investment window in the second quarter
In terms of configuration, it is suggested to take the old and new infrastructure and related technology leaders (5g, cloud computing, new energy vehicles, etc
) as the main line; Meanwhile, we can continue to layout high-quality stagflation plates, which are suppressed by the epidemic in the early stage, including catering, tax-free, department stores, Baijiu, consumer electronics, automotive electronics, kitchen electricity, CRO, real estate development and other sub sectors